December 10, 2015 in Kiev, took place a meeting of the Export Promotion Council under the chairmanship of Prime Minister of Ukraine Arseniy Yatsenyuk, with participation of the management personnel of central executive authorities, leaders of domestic industry associations, unions and corporations, industrial enterprises and representatives of international organizations. In the meeting of Export Promotion Council participated Sales Director of PJSC “Zaporizhstal” Vladimir Kolomiets.
Participants confirmed the key role of Ukrainian enterprises in the export potential development of the country and filling the state budget. During the meeting problems requiring urgent solutions and regulation at the state level were presented. In particular, they talked about automatic VAT refund problems, raising tariffs for railway transportation.
The sales director of PJSC “Zaporizhstal” Vladimir Kolomiets made comments on the results of the Export Promotion Council meeting under the Cabinet of Ministers of Ukraine: “Zaporizhstal” – is the largest exporter and second largest supplier of foreign exchange earnings in Ukraine. The Works, like other iron and steel plants, is constantly faced with the problem of VAT refund in automatic mode, uncompensated VAT debt of public bodies increases. Today the discussion of this issue was a key topic at the Council meeting. The Government is well aware that industrial enterprises are the main donors of the Ukrainian economy, and therefore the Ministry of Finance and the State Fiscal Service received an assignment from Prime Minister of Ukraine to work out as much as possible the issue of VAT debt repayment till the end of the year. We hope that it will be not just words, but a real solution of the problem.”
At the moment, the state debt of VAT refund to the Works amounts to UAH 727.9 million, including overdue repayment of debt – UAH 525.8 million. “Zaporizhstal” PJSC is the largest taxpayer in Ukraine and Zaporozhye region. “Zaporizhstal” PJSC at the end of 2014 has transferred to the budgets of all levels more than UAH 1.4 billion, and for 10 months of 2015 – UAH 2.1 billion.